If audit fees from a client are high, concerns about auditor independence are raised, but if low

Question:

If audit fees from a client are high, concerns about auditor independence are raised, but if low prices are quoted in a tender bid, the same concern is expressed. Are these arguments inconsistent?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Current Issues In Auditing

ISBN: 9781853963650

3rd Edition

Authors: Michael J Sherer, W Stuart Turley

Question Posted: